HOUSTON, June 13, 2013 /PRNewswire/ -- Lockheed Martin has been named the Large Business Prime Contractor of the Year by NASA's Johnson Space Center (JSC).
The award recognizes sustained excellence in meeting or exceeding small business requirements during the nine years the company has held a contract to prepare and process cargo for the International Space Station (ISS). In the last year the contract has exceeded five of seven small business utilization goals by 20 percent or more.
"Lockheed Martin values our relationships with small businesses, recognizing that working together provides NASA with innovative and diverse solutions," said Rick Hieb, vice president of exploration and mission support for Lockheed Martin's Information Systems & Global Solutions. "Together we've supported human spaceflight at Johnson Space Center for more than 50 years, and we look forward to continuing that relationship."Lockheed Martin was also named the Johnson Space Center Large Prime Contractor of the Year in 2008 in recognition of subcontracting initiatives on the Aircraft Simulation Program. Under the Cargo Mission Contract, Lockheed Martin procures, sustains, maintains and processes flight crew equipment ranging from laptops to clothing to housekeeping materials. The company also packs the cargo for launch. The team includes GHG Corporation, Bastion Technologies, LZ Technology, University of Texas at El Paso and Rothe Enterprises. Lockheed Martin also holds contracts at JSC for Mission Operations Directorate facilities development and operations and is the prime contractor for the development of the Orion Multi-Purpose Crew Vehicle. The company is a subcontractor to Wyle on the Bioastronautics contract that supports the ISS and Human Research Programs with space medicine, engineering and life science expertise at JSC. Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 118,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. The Corporation's net sales for 2012 were $47.2 billion. For additional information, visit our website: http://www.lockheedmartin.com SOURCE Lockheed Martin
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts